32469 Jefferson Dr #3SolonOH44139
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Solon at 32469 Jefferson Dr #3, Solon, OH, 44139 listed at $239,900 pairs $1,752/mo rent with a $1,174/mo payment to leave $174/mo cash flow. Total monthly income runs $1,752/mo, and annual cash flow reaches $2,090/yr on $79,527 cash to close. Return on cash invested measures 22.54% in year one, and rental yield registers 8.76% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 117.48% and total cumulative return in cash totals $93,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,752/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44139, Solon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,396 (100%) |
| Owner Occupied HU | 7,673 (81.7%) |
| Renter Occupied HU | 1,397 (14.9%) |
| Vacant Housing Units | 326 ( 3.5%) |
| Median Home Value | $390,964 |
| Average Home Value | $441,449 |
Housing Distribution
Address Breakdown
Residential
9,560
Single Family
8,373
Multi-Family
1,187
Businesses
1,324
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